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Cheyenne, Inc. is planning to produce 2,520 units of product in 2022. Each unit requires 3 pounds of materials at $7 per pound and a

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Cheyenne, Inc. is planning to produce 2,520 units of product in 2022. Each unit requires 3 pounds of materials at $7 per pound and a half hour of labor at $18 per hour. The overhead rate is 75% of direct labor. (a) Your answer has been saved. See score details after the due date. Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct Materials 52920 Direct Labor 22680 Overhead 17010 Attempts: 1 of 1 used (b) Compute the standard cost of one unit of product. (Round answer to 2 decimal places, e.g. 52.75.) Standard Cost $

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